The Political Economy of the Investment Treaty Regime

The Political Economy of the Investment Treaty Regime

  • Jonathan Bonnitcha
  • Lauge N. Skovgaard Poulsen
  • Michael Waibel
Publisher:Oxford University PressISBN 13: 9780192529831ISBN 10: 0192529838

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The Political Economy of the Investment Treaty Regime is written by Jonathan Bonnitcha and published by Oxford University Press. It's available with International Standard Book Number or ISBN identification 0192529838 (ISBN 10) and 9780192529831 (ISBN 13).

Investment treaties are some of the most controversial but least understood instruments of global economic governance. Public interest in international investment arbitration is growing and some developed and developing countries are beginning to revisit their investment treaty policies. The Political Economy of the Investment Treaty Regime synthesises and advances the growing literature on this subject by integrating legal, economic, and political perspectives. Based on an analysis of the substantive and procedural rights conferred by investment treaties, it asks four basic questions. What are the costs and benefits of investment treaties for investors, states, and other stakeholders? Why did developed and developing countries sign the treaties? Why should private arbitrators be allowed to review public regulations passed by states? And what is the relationship between the investment treaty regime and the broader regime complex that governs international investment? Through a concise, but comprehensive, analysis, this book fills in some of the many "blind spots" of academics from different disciplines, and is the first port of call for lawyers, investors, policy-makers, and stakeholders trying to make sense of these critical instruments governing investor-state relations.